I like to think of my trading days in two ways:
1) Thrive
2) Survive
While thriving I’ll trade every opp without fear and wire out profits. That allows me to remain calm and grounded during survival.
Surviving is simply protecting profits, trading well & managing risk.
1) Thrive
2) Survive
While thriving I’ll trade every opp without fear and wire out profits. That allows me to remain calm and grounded during survival.
Surviving is simply protecting profits, trading well & managing risk.
Like I tried to illustrate in the earlier tweets about monthly performance, you never know when you’ll make small gains/losses or if you’ll hit it out of the park.
Therefore I just trade the same way and let my edge play out naturally while preserving mental capital.
Therefore I just trade the same way and let my edge play out naturally while preserving mental capital.
It helps a lot to both wire out, but to also have a long-term outlook.
Check your overall weekly, monthly, and all-time performance to understand where you stand.
Realize one day can certainly have a huge impact but ultimately is a drop in the bucket.
Survival is priority #1!
Check your overall weekly, monthly, and all-time performance to understand where you stand.
Realize one day can certainly have a huge impact but ultimately is a drop in the bucket.
Survival is priority #1!
Whenever it’s a tough day but I manage risk and trade well that’s a win!
If I have a good day I focus on protecting as much of it as possible moving forward.
You never want to think of it like ‘cushion’, it’s yours!
You will lose part of it, just keep it as small as possible.
If I have a good day I focus on protecting as much of it as possible moving forward.
You never want to think of it like ‘cushion’, it’s yours!
You will lose part of it, just keep it as small as possible.
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